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Views expressed in this Hawaii News update are those of the reporters and correspondents.  Accessed on 24 October 2024, 1546 UTC.

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Russ Roberts (https://hawaiinewsdigestonline.com).

Honolulu Star-Advertiser

Thursday, October 24, 2024 74°Today’s Paper


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Dollar continues rally, hits 3-month high vs yen

Dollar continues rally, hits 3-month high vs yen

The greenback is on track for its 16th gain in 18 sessions and fourth straight week of gains as a run of positive economic data has dampened expectations about the size and speed of rate cuts from the Federal Reserve, which has pushed U.S. Treasury yields higher. Read more

Wall Street closes down, pressured by tech losses

Wall Street closes down, pressured by tech losses

Benchmark 10-year U.S. Treasury yields reached a three-month high with investors reassessing the Fed rate-cut outlook over the next few months against the backdrop of strong economic data and the upcoming presidential election. Read more

American Airlines fined $50M for treatment of disabled passengers

American Airlines fined $50M for treatment of disabled passengers

The Transportation Department said that its investigation, which included reviewing complaints filed against American between 2019 and 2023, revealed “cases of unsafe physical assistance that at times resulted in injuries and undignified treatment of wheelchair users, in addition to repeated failures to provide prompt wheelchair assistance.” Read more

McDonald’s vows safety fixes as E. coli outbreak hits stock

McDonald’s vows safety fixes as E. coli outbreak hits stock

McDonald’s USA President Joe Erlinger today said the world’s biggest fast-food chain could rebuild trust with the public as it works to soften the blow of the E. coli outbreak, which resulted in the death of one person and caused 49 other people in parts of the U.S. West and Midwest to fall ill. Read more

Boy, 13, dies in Big Island ATV crash

Boy, 13, dies in Big Island ATV crash

An 8-year-old boy was driving the orange Kubota RTV X900 around 5:45 p.m. on Puukala Road when the vehicle veered off the roadway, struck a rock embankment and overturned, police said. Read more

Goldman Sachs, Apple ordered to pay $89M over consumer failures

Goldman Sachs, Apple ordered to pay $89M over consumer failures

In a partnership to finance Apple customers’ purchases through the Apple credit card that Goldman is now seeking to unwind, the two companies allegedly mishandled transaction disputes and misled iPhone purchasers about whether their purchases were in fact interest-free, according to the agency. Read more

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kh6jrm@gmail.com

I am the retired news director of Pacific Radio Group stations on the Island of Hawaii. I am a retired Lt. Col., USAF Reserve. I am a FCC-licensed Amateur Radio Operator, holding the Amateur Extra Class License. I am a substitute teacher for the state of Hawaii Department of Education.

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